The three-day sixth World Future Energy Summit (WFES), which opens in Abu Dhabi on January 15, looms as one of the most important renewable energy gatherings in recent times.
More than 30,000 people from 150 countries including world leaders, government ministers, official delegations C-level business executives, academics, scientists, engineers, developers, global companies and entrepreneurs were scheduled to converge on the Abu Dhabi National Exhibition Centre (ADNEC) to discuss, debate and display the latest thinking in renewable and cleantech energy.
The Abu Dhabi show has seen a plethora of projects in alternative energy offered as investment grade projects. Investment in the future energy market is escalating, and the projects being showcased at WFES 2013 will be a major step forward in the goal of achieving renewable energy targets around the world. At last year’s WFES, projects worth over $5 billion were displayed at the Project & Finance Village, and this figure is expected to reach over 48 billion at next week’s WFES.
ACWA Power and PassivSystems are just two companies that achieved success at the Project and Finance Village in 2012. ACWA Power, a Saudi Arabian producer of power and desalinated water, has been exhibiting in the Project and Finance Village since 2011.
In 2012, ACWA was successful in winning very competitive bids for solar thermal electricity generation projects in Morocco and South Africa.